Treasury
The treasury in Liftedbit serves as an intermediary to support the platform's development and allocate various incentives to encourage all participants. It receives income from various, including:
- 1.10% of all staking rewards in Lifted Stake: A portion of the staking rewards earned by users on the Lifted Stake platform is allocated to the treasury.
- 2.30% of all trading fees in Liftedbit: A percentage of the trading fees generated on the Liftedbit trading platform is directed to the treasury.
- 3.50% of swap trading fees: Half of the fees collected from swap trading activities on the platform are allocated to the treasury.
- 4.15% of arbitrage profits in Liftedbit: A share of the profits generated from arbitrage trading activities on the Liftedbit platform is contributed to the treasury.
By accumulating these various income sources, the treasury is able to support the growth and development of Liftedbit while also enabling the allocation of incentives to participants. This ensures that the platform remains sustainable and rewards its users for their engagement.
Last modified 3mo ago